Low standing charge electricity tariffs 19 July at 11:57AM in Energy 7 replies 196 views

Farmergill

There don't seem to be any no standing charge Electricity tariffs, but the tariffs with lowest standing charges are hard to identify/find. Any recommendations? Like others we have been shifted from Ebico to British Gas, and I'm quite keen to leave BG before they shift me to a new tariff on July 31st. Thanks

Tallerdave

The tariffs with lowest standing charge are ludicrously easy to identify. Just enter an annual consumption of 1kWh into a comparison site.

Petriix

Tallerdave said:

The tariffs with lowest standing charge are ludicrously easy to identify. Just enter an annual consumption of 1kWh into a comparison site.

But it's objectively better to identify the cheapest overall tariff by inputting your actual estimated annual consumption in kWh; unless you are planning to switch in less than a year e.g. if the property will be empty for the next six months or if you have solar PV and battery storage so your summer usage will be almost nothing in comparison to the winter. Unfortunately prices seem to be on a rapid upward trajectory so the small saving in standing charge may be entirely offset by increased unit prices if you wait until later in the year to fix.

Grizzlebeard

Everybody's thoughts on this (mine included) can be found here.

https://forums.moneysavingexpert.com/discussion/6280699/utility-companies-that-provide-tariffs-with-no-standing-charge/

It also has links to three other recent threads that are relevant.

Tallerdave

Petriix said:

Tallerdave said:

The tariffs with lowest standing charge are ludicrously easy to identify. Just enter an annual consumption of 1kWh into a comparison site.

But it's objectively better to identify the cheapest overall tariff by inputting your actual estimated annual consumption in kWh; unless you are planning to switch in less than a year e.g. if the property will be empty for the next six months or if you have solar PV and battery storage so your summer usage will be almost nothing in comparison to the winter. Unfortunately prices seem to be on a rapid upward trajectory so the small saving in standing charge may be entirely offset by increased unit prices if you wait until later in the year to fix.

I was simply challenging the (incorrect) statement made and flagging up the simple solution.

If I was going to jump to conclusions about someone's actual consumption profile, I would conclude that a customer of Ebico knew what they were doing.....

Farmergill

I've now done what is ludicrously easy (now you mention it!)  and had already been looking at estimated annual consumption quotes. 

As for knowing, as an Ebico customer,  what I am doing....!!! Ha, I wish.

Thanks for hints though Tallerdave and Petrix. 

akaWooders

Farmergill, if you go to my reply in the thread below you may find some info that may assist.

https://forums.moneysavingexpert.com/discussion/6270847/no-standing-charge-electricity-tariffs-in-2021#latest

I recommend scrolling down to the bottom of the list of BG tariffs. 😉

yelias

akaWooders said:

Farmergill, if you go to my reply in the thread below you may find some info that may assist.

https://forums.moneysavingexpert.com/discussion/6270847/no-standing-charge-electricity-tariffs-in-2021#latest

I recommend scrolling down to the bottom of the list of BG tariffs. 😉

The link you refer to lists all tariffs that have been recently offered by BG, old & new.
It is designed to allow existing customers to find details of the tariff they are on

AS BG state, "Just so you know, some of the energy tariffs you see may no longer be available to new customers."

https://forums.moneysavingexpert.com/discussion/comment/78487744/#Comment_78487744